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Search Results 0 to 7 of about 8 (some duplicates have been removed)
Mar 18, 2013 4:30pm PDT
agree to tax hikes and jepd speaker john boehner said the house's answer to that is no. >> the president got his tax heights on january 1st. the talk about raising revenue is over. it's time to deal with the spending problem. >> the two chambers have a way of talking about their differences, not with president obama but on each other. work on the contrasting house and senate plans continue this week. for "nightly business report" i'm john harwood on capital hill. >> i asked when we spoke recently but began by getting him to rate the u.s. economy on a scale of 1 to 10 with 10 being very strong. >> i think it's trying to be a 6 but the government, in generally, the government doing the wrong thing might be pulling it back to a 4. we're definitely off the bottom and economy is trying to recover. . are you concerned? i spoke with form early fed chairman alan greenspan. he said with respect to the sequestered, rising asset prices both in stocks and housing may in part overset the otherwise dill tear just effects of the federal spending cuts. are you in that camp at all? >> not especially. the
Mar 20, 2013 4:30pm PDT
? it cost them billions. >> i simply do not know where the money is. >> ms global, the firm john corazine led into bankruptcy settled the bank amid criticism it withheld emergency cash as the brokerage teetered on the edge of collapse. >>> if that wasn't enough, the bank has also come under fire for assisting harmful payday lenders. sometimes charging interest rates upwards of 500%. also, foreclosing on homes of members of the military while on active duty. pay slashed in half in january and the bank disclosed 17,000 layoffs in february. the flood gate of bad news first opened last year when jp morgan's european arms made a giant trade on the global economy. dubbed the london whale for its sheer size, it cost the bank $6 billion. >> the rules need to be revamped. >> grilled over that very trade last week on capital hill, senator carl leaven took executives and the bank's regulators to go awry. >> the occ has issued a cease and desist order. but i believe you and your colleagues have a challenge to get america's biggest bank back on the straight and narrow. >> for now, jp morgan is taking
Search Results 0 to 7 of about 8 (some duplicates have been removed)